New York
New York REIT Will Cease Trading in November
Shares of New York REIT Inc., which is winding down operations, will cease trading Nov. 2 on the New York… Read more
Halletts Point’s EB-5 Investors Get Petition Approvals
Regional EB-5 center U.S. Immigration Fund (USIF) said Thursday that the first I-526 petition approvals have been issued to EB-5… Read more
Cuomo Outlines $13B Overhaul of JFK Airport
Gov. Andrew Cuomo has outlined a $13-billion overhaul of John F. Kennedy International Airport that would increase the airport’s capacity… Read more
Canon Unit Inks Direct Lease at Sapir’s 261 Madison
Canon USA’s Canon Business Services subsidiary has signed a new lease for six years with a five-year renewal option at… Read more
Evansville, IN Shopping Center Changes Hands
Marcus & Millichap’s Patton, Wiles, Fuller Group has arranged the sale of Plaza East, a 192,377-square-foot community shopping center in… Read more
NKF Secures $57M for Walker Hotel Tribeca
NKF Capital Markets has arranged a $57-million loan on behalf of Bridgeton Holdings to facilitate the completion and delivery of… Read more
AvalonBay Sells 80% Stake in Five Manhattan Properties
AvalonBay Communities (AVB) has reportedly entered into a joint venture with an institutional client of Invesco Real Estate, selling an… Read more
Knotel Signs on with CIM at 5 Hanover Sq.
Agile workspace provider Knotel is continuing its growth across Manhattan, committing to 28,820 square feet at CIM Group’s 5 Hanover… Read more
NYC Angles to Become Cybersecurity Hub
The city has lined up assistance from both academia and capital sources in a bid to establish New York as… Read more
CushWake Markets Upper East Side Medical Condo
Cushman & Wakefield has been retained to sell a 4,384-square-foot, ground floor medical condominium located at 1559 York Ave. on… Read more
New Development Helps Spur SI’s Record Growth
Often overlooked in the shadow of Manhattan and the other boroughs, Staten Island is setting population, business and employment records,… Read more
2 Tenants Expand at Empire State Bldg.
A pair of tenants at the Empire State Building have expanded their office footprints, owner Empire State Realty Trust said.… Read more
Paramount Divests D.C. Asset for $157M
New York-based Paramount Group, Inc. sold 425 Eye Street, a seven-story, 372,552-square-foot office building in Washington, D.C.’s NoMa submarket for… Read more
St. John’s Terminal to be Reborn as 1.3M SF of Office
Oxford Properties Group has unveiled its plans to redevelop the historic St. John’s Terminal building in Hudson Square into 1.3… Read more
Industry Veteran Harbert Comes to Avison Young
Tri-state industry veteran Joe Harbert has joined Avison Young as director of operations for the Northeast region. In his new… Read more
JV Acquires Blockfront Portfolio Across from Google HQ
Real estate investment firms Dalan Management Associates and Elion Partners have paid $83 million for the 8th Avenue Chelsea Collection,… Read more
City Council Signs Off on Alloy’s 80 Flatbush Plan
The City Council has approved Alloy Development’s full-block project at 80 Flatbush Ave. in downtown Brooklyn, after a 24-month public… Read more
Simone Leases Up Newly-Acquired Bronx Industrial
Attesting to the outer boroughs’ demand for industrial, Simone Development Companies has leased up a Bronx property shortly after acquiring… Read more
Report: Renter Unaffordability Remains Rampant
Apartment List’s recently released 2018 Cost Burden Report offered good news and bad news. First, the good news: Nationally, the… Read more